Hi community,

Our airdrop has ended just now. Thanks for your participation and patience. Here's a short statistics about our 1st Round of Airdrop:

• Received Applications:2168
• Accepted Applications:1928
• Estimated Distribution:71090 POS

We will deploy the contract and distribute the tokens within 1-2 days. The costs of deploying the smart contract and transferring the tokens will be totally covered by our team.
Since only 71090 POS were claimed in this airdrop, we decide to  launch a 2nd Round of Airdrop. If you have any ideas about the 2nd Round of Airdrop. Please let us know.
Thanks again for your participation and support!

Best Regards.

Yeah I can't either. I can't wait until my account gets good enough to apply to these airdrops

IMPORTANT NOTICE: PoSToken airdrop has ENDED. We will deploy the contract and distribute the tokens within 1-2 days. Thank you for your participation and patience. READ MORE INFORMATION HERE:https://bt.irlbtc.com/view/2110712.msg21763538#msg21763538




• What is PoSToken?

PosToken is the world's first Proof-of-Stake smart contract token on Ethereum platform. It's an ERC20 Token which follows the ERC20 Token Standard and implements all standard methods.

PoSToken first implements the Proof-of-Stake mechanism, meaning that holders of PoSToken can earn some extra tokens just by holding PoSToken for a period of at least 3 days, greater than or equal to The Minimum Coin Age.

PoSToken is the first implementation of PoSTokenStandard, a brand new unofficial Ethereum Token Standard, which is defined in the code of PoSToken and is devised specifically for issuing Proof-of-Stake Tokens. PoSToken is just a start of Proof-of-Stake tokens and the PoSTokenStandard will help developers issue more PoS tokens in the future. That's the real purpose of PoSToken. We believe that a new era of Crypto Tokens starts here.

• Specifications of PoSToken

• Name: PoSToken
• Symbol: POS
• Decimals: 18
• Standard: ERC20 & PoSTokenStandard
• Platform: Ethereum
• Maximum Total Supply: 10,000,000 POS
• Initial Supply: 1,000,000 POS
• Minimum Coin Age: 3 Days
• Maximum Coin Age: 90 Days

• PoS Annual Interest

• Year 1 : 100%
• Year 2 : 50%
• Year 3 - 15 : 10%

According to the above annual interest,the Max Total Supply of PoSToken (10M POS) will be reached in about 15 years.Once 10 Million is reached, no more PoSToken will be generated via PoS.

• PoS Mining Guide

By considering the convenience of use and the consumption of less gas, PoSToken provides two methods to trigger PoS mining. However, the basic premise of starting PoS mining is that you should have held some PoSToken for a period of time, greater than or equal to The Minimum Coin Age. Then you can start PoS mining by:

1.Sending a transaction to your own address with any amount.
We recommend this approach which can easily be done with any Ethereum Wallet.

2.Using MyEtherWallet.com or Mist or any other software that can interact with contracts to execute mint() function.
For now you have to use MyEtherWallet.com or Mist or any other software that can interact with contracts to execute this function. It maybe a little inconvenience for you, need to have some practical experience of interacting with contracts. But don't worry about this, we have taken this into account and a Wallet for Proof-of-Stake tokens has been added to our development plan. We will soon release the first version you can test. By using our PoS Token Wallet, you can easily start PoS mining just by clicking one button. Worth mentioning that the wallet will support any tokens based on the PoSTokenStandard.

In addition, PoSToken's contract also provides two functions for query:

Return current annual interest.

Return coin age of your account. Return 0 means that your coin age doesn't meet the min coin age now.If you are not sure about your account's coin age, you can execute this function for query.

• Calculation of CoinAge

Coin age is simply defined as token amount times holding period.In a simple to understand example:
1.If Bob received 10 tokens from Alice and held it for 60 days, we say that Bob has accumulated 600 token-days of coin age.
2.Additionally, when Bob spent the 10 tokens he received from Alice, we say the coin age Bob accumulated with all tokens in his account had been consumed (or destroyed).


• Distribution

After the contract deployed, only 1Million POS, 10% of the Max Total Supply, will be created as the Initial Supply

• Develpment: 100K
• Marketing: 50K
• Bounties: 50K
• AirDrop: 800K

• 1st Round of Free Airdrop ENDED
_______________________________________________________________________________ ________________________________________________________________

• Free Airdrop

• 80% of the Initial Supply, 800K POS, will be allocated for the airdrop.
• The airdrop will start on August 28th, 2017 at 15:00 UTC and last until September 12th, 2017 at 15:00 UTC. Running only 2 weeks.
• The airdrop will stop immediately when the total airdrop supply (800K POS) are all claimed.
• All the remaining tokens that haven't been distributed after the airdrop, will be burned. will be allocated for a 2nd-Round airdrop.
• We will do our best to make the airdrop as fair as possible.  

• How to Participate in Airdrop

To receive the free PoSToken airdrop, kindly do the following:

• 1.Update your forum signature to match your membership level. Just follow us on Twitter @PoSToken and retweet this tweet.
• 2.You can get EXTRA BOUNTY by adding the PoSToken signature bb-code matching your membership level to the signature field of your Bitcointalk profile.
• 3.Apply on our website. >>LINK<<.
• 4.After you have applied, you can check your application status at  >>LINK<<.
• 5.You can apply when the airdrop start and be paid after the airdrop ends.(within 2 or 3 days)

• Airdrop Rules

The following rules apply:

• 1.One person can only apply for once. If it is discovered that multiple applications belong to the same person, all applications will be banned from the airdrop.
• 2.All members include newbies are eligible to apply.
• 3.All accounts registered on bitcointalk.org after August 22, 2017 are not qualified.
• 4.Bitcointalk accounts with negative trust are not qualified.
• 5.All accounts registered on Twitter after August 22, 2017 are not qualified.
• 6.Your Twitter account must have at least 100 real followers before you retweet.
• 7.All accounts accept airdrop need to keep 90% of the tokens received on the account during the whole airdrop period.
• 8.All accounts who accept airdrop should pay close attention to PoSToken including our ANN thread and website and twitter or others from official.
• 9.Final explanation right belongs to the PoSToken Dev Team.

Additional rules for signature bounty:

• 1.You must leave the PoSToken promotion signature in your bitcointalk account for the duration of the airdrop promotion period. If, for whatever reason, the signature is removed during the period, your account will be disqualified from future distributions (even if you put it back).The signature should keep 2 weeks at least.
• 2.To receive extra signature bounty, your bitcointalk account must be an active account, and is required to post at least 10 valid posts per week with more than 50 characters in each post, and you can post anywhere in the bitcointalk forum you wish. Spamming, low quality posts, copy paste and off topic posts will not be counted.

If your account meets the above conditions, you can get:

Rank..............	Distribution	Signature Bounty	Max Distribution
Newbie..............	5 POS	+10 POS	15 POS
Junior Member	15 POS	+30 POS	45 POS
Member..............	20 POS	+40 POS	60 POS
Full member	25 POS	+50 POS	75 POS
Senior member	30 POS	+60 POS	90 POS
Hero member	35 POS	+70 POS	105 POS
Legendary member	40 POS	+80 POS	120 POS

_______________________________________________________________________________ ________________________________________________________________

• 2nd Round of Free Airdrop

Coming Soon.


• Bounty Campaigns

• Translation Bounty Campaign:https://bt.irlbtc.com/view/2148825.0

More campaigns coming soon.

• Technology Roadmap

• PoS Token Creation Service   Q3/2017
• Multi-PoS-Token Wallet   Q3/2017
• PoS Token Block Explorer   Q4/2017
• PoS Token Decentralized Exchange   Q1/2018
• PoS Mining Pool   Q2/2018

This is a summary of our roadmap, more details will be updated after the airdrop completed.

• ANN Translations

• German:https://bt.irlbtc.com/view/2149347.0
• Japanese:http://bitcoingarden.org/forum/index.php?topic=18827
• Spanish:https://bt.irlbtc.com/view/2150330.0
• Russian:https://bt.irlbtc.com/view/2134521.0
• Portuguese:https://bt.irlbtc.com/view/2151249.0
• Turkish:https://bt.irlbtc.com/view/2153802.0
• Hindi:https://bt.irlbtc.com/view/2155808.0
• Indonesian:https://bt.irlbtc.com/view/2154772.0
• Chinese:https://bt.irlbtc.com/view/2157848.0
• French:https://bt.irlbtc.com/view/2158818.0
• Croatian:https://bt.irlbtc.com/view/2167148.0
• Italian:https://bt.irlbtc.com/view/2169168.0
• Romanianhttps://bt.irlbtc.com/view/2171952.0
• Skandinaviskhttps://bt.irlbtc.com/view/2172218.0

Any future update and announcements will be posted here !
If you have any ideas, feedbacks please send us a PM or Email:contact@postoken.org.



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Hello dears

If i was a member of 1 st round and i want to take part in second round also have i to do registration on e more or not?